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30. West Texas Wildcatters, Inc. is weighing a drilling venture into the budding oil fields of Hawaii. The venture requires an initial outlay of $9.633M,
30. West Texas Wildcatters, Inc. is weighing a drilling venture into the budding oil fields of Hawaii. The venture requires an initial outlay of $9.633M, but is anticipated to generate a perpetual series of $3.456M cash flows starting three years from today. It's a fairly risky project, so 20% is the appropriate required rate of return. Calculate the project's NPV
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